NASDAQ:PLUGPlug Power Stock Price, Forecast & News

$3.84

+0.20 (+5.49 %)

(As of 04/8/2020 11:23 AM ET)

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Today's Range

$3.66

Now: $3.85▼

$3.86

50-Day Range

$2.76

MA: $4.02▼

$5.72

52-Week Range

$1.86

Now: $3.85▼

$6.05

Volume4.02 million shs

Average Volume17.51 million shs

Market Capitalization$1.24 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.19

Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of hydrogen and fuel cell systems for the material handling and stationary power markets primarily in North America and Europe. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and related hydrogen storage and dispensing infrastructure. The company offers GenDrive, a hydrogen fueled PEM fuel cell system that provides power to material handling electric vehicles; GenFuel, a hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing maintenance and service program for GenDrive fuel cells, GenSure products, GenFuel products, and ProGen engines; and GenSure, a stationary fuel cell solution that provides modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, a turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; and GenFund, which offers financing solutions to customers. The company offers its products to distribution and manufacturing businesses, and government agencies through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Plug Power has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $5.67, Plug Power has a potential upside of 47.4% from its current price of $3.85.
Amount of Analyst Coverage
Plug Power has only been the subject of 3 research reports in the past 90 days.

2.9 Community Rank

Outperform Votes
Plug Power has received 558 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Plug Power has received 410 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Plug Power has received 57.64% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Plug Power and other stocks. Vote “Outperform” if you believe PLUG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PLUG will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Plug Power does not currently pay a dividend.
Dividend Growth
Plug Power does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Plug Power insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,629,003.00 in company stock.
Percentage Held by Insiders
Only 6.00% of the stock of Plug Power is held by insiders.
Percentage Held by Institutions
35.58% of the stock of Plug Power is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Plug Power are expected to decrease by -38.71% in the coming year, from ($0.31) to ($0.19) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Plug Power is -9.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Plug Power is -9.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Plug Power has a P/B Ratio of 7.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.48 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Electrical industrial apparatus

Sub-IndustryN/A

SectorIndustrial Products

Current SymbolNASDAQ:PLUG

Previous Symbol

CUSIPN/A

CIK1093691

Webhttp://www.plugpower.com/

Phone518-782-7700

Debt

Debt-to-Equity Ratio3.42

Current Ratio2.08

Quick Ratio1.60

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$230.24 million

Price / Sales5.37

Cash FlowN/A

Price / Cash FlowN/A

Book Value$0.52 per share

Price / Book7.39

Profitability

EPS (Most Recent Fiscal Year)($0.34)

Net Income$-85,460,000.00

Net Margins-41.13%

Return on Equity-328.01%

Return on Assets-16.31%

Miscellaneous

Employees575

Outstanding Shares321,290,000

Market Cap$1.24 billion

Next Earnings Date5/13/2020 (Estimated)

OptionableOptionable

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Plug Power (NASDAQ:PLUG) Frequently Asked Questions

How has Plug Power's stock been impacted by COVID-19 (Coronavirus)?

Plug Power's stock was trading at $3.78 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PLUG stock has increased by 1.7% and is now trading at $3.8450. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Plug Power?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plug Power in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Plug Power.

When is Plug Power's next earnings date?

Plug Power is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Plug Power.

How were Plug Power's earnings last quarter?

Plug Power Inc (NASDAQ:PLUG) announced its quarterly earnings data on Thursday, March, 5th. The electronics maker reported ($0.06) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.06). The electronics maker had revenue of $91.70 million for the quarter, compared to analyst estimates of $87.71 million. Plug Power had a negative net margin of 41.13% and a negative return on equity of 328.01%. Plug Power's revenue for the quarter was up 53.3% on a year-over-year basis. During the same period last year, the firm posted ($0.07) earnings per share. View Plug Power's earnings history.

What price target have analysts set for PLUG?

6 analysts have issued 1-year price objectives for Plug Power's shares. Their forecasts range from $3.00 to $7.00. On average, they expect Plug Power's share price to reach $5.67 in the next twelve months. This suggests a possible upside of 47.4% from the stock's current price. View analysts' price targets for Plug Power.

What are Wall Street analysts saying about Plug Power stock?

Here are some recent quotes from research analysts about Plug Power stock:

1. According to Zacks Investment Research, "Plug Power Inc. is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used primarily for the material handling and stationary power market. They are focused on proton exchange membrane, or PEM, fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen storage and dispensing infrastructure from which multiple products are available. They sell and continue to develop fuel cell product solutions to replace lead-acid batteries in material handling vehicles and industrial trucks for some of North America's largest distribution and manufacturing businesses. Their current product line includes: GenDrive, GenFuel, GenCare, ReliOn, and GenKey. " (3/7/2020)
2. HC Wainwright analysts commented, "We believe revenue strength in the quarter was driven by continued uptake in deployments and recognition from some of the shift that took place in 1Q19. Plug reported deploying 2,000 GenDrive units in the quarter, a 70% YoY increase, and now has a total of approximately 28,000 fuel cell systems deployed in the market. GAAP and adjusted gross profit for the quarter was $10.1M or gross margin of 17.3% of revenues vs. a gross loss of $6.8M, or a gross loss margin of 29.7% in 1Q19, supported by higher revenues. We believe the higher revenue periods in 2H19 should keep gross margins in the black. However, investors should expect GAAP gross margins to fluctuate depending on the impact of provision related to warrants until a cumulative of $600M of qualified purchases have been reached with Amazon (AMZN; not rated) and Walmart (WMT; not rated)." (8/7/2019)

Has Plug Power been receiving favorable news coverage?

News coverage about PLUG stock has trended very negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Plug Power earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news articles about the electronics maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutPlug Power.

Who are some of Plug Power's key competitors?

Some companies that are related to Plug Power include Woodward, Inc.Common Stock (WWD), Ballard Power Systems (BLDP), GrafTech International (EAF), Hollysys Automation Technologies (HOLI), Bloom Energy (BE), Thermon Group (THR), SCI Engineered Materials (SCIA), Ideal Power (IPWR) and China Carbon Graphite Group (CHGI).

What other stocks do shareholders of Plug Power own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Plug Power investors own include FuelCell Energy (FCEL), Ballard Power Systems (BLDP), Advanced Micro Devices (AMD), Canopy Growth (CGC), Bank of America (BAC), Hemp (HEMP), Micron Technology (MU), Tesla (TSLA), Alibaba Group (BABA) and Chesapeake Energy (CHK).

Who are Plug Power's key executives?

Plug Power's management team includes the following people:

Mr. Andrew J. Marsh, Pres, CEO & Director (Age 63)
Mr. Paul B. Middleton, Sr. VP & CFO (Age 52)
Mr. Keith C. Schmid, Sr. VP & COO (Age 56)
Mr. Gerard L. Conway Jr., Sr. VP, Gen. Counsel & Corp. Sec. (Age 54)
Mr. Jose Luis Crespo, VP of Global Sales (Age 49)

What is Plug Power's stock symbol?

Plug Power trades on the NASDAQ under the ticker symbol "PLUG."

How do I buy shares of Plug Power?

Shares of PLUG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Plug Power's stock price today?

One share of PLUG stock can currently be purchased for approximately $3.85.

How big of a company is Plug Power?

Plug Power has a market capitalization of $1.24 billion and generates $230.24 million in revenue each year. The electronics maker earns $-85,460,000.00 in net income (profit) each year or ($0.34) on an earnings per share basis. Plug Power employs 575 workers across the globe. View additional information about Plug Power.

What is Plug Power's official website?

The official website for Plug Power is http://www.plugpower.com/.

How can I contact Plug Power?

Plug Power's mailing address is 968 ALBANY-SHAKER ROAD, LATHAM NY, 12110. The electronics maker can be reached via phone at 518-782-7700 or via email at [email protected]

This page was last updated on 4/8/2020 by MarketBeat.com Staff

NASDAQ:PLUGPlug Power Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

3.5 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.9 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment